Quote:
Originally Posted by tgrundke
Retirement creates opportunity, but younger workers tend to be less efficient than seasoned staff. More importantly, there's a critical shortage of skilled labor that is getting worse with boomer retirements taking that knowledge with them, and fewer young people entering the space.
Not a boomer.
Reshoring does bolster employment and material demand...which is inflationary.
Debt always reaches a tipping point. To attract buyers of debt as the amount of debt increases, yields will necessarily need to rise. Which is...inflationary.
Money on the sidelines shows you how much additional capital is sloshing around out there looking to be put to use. Which is...inflationary.
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Workforce refresh with less efficient workers has been in place for 10,000 years. Do you agree? It’s a nothing burger.
Reshoring is inherently good. Do I understand correctly that you hold a different view?
Money on the sidelines and government debt and deficit are red herrings. Rather, money on the sidelines is demonstration that the harvest has been fruitful. Grain is gathered in barns waiting to be deployed to tables in the form of bread, or to be replanted for the next bountiful harvest.